Rainy Day Fund

Here are our top 6 insights
The Texas Senate and House of Representatives have each released their 2020-2021 draft budgets, SB 1 and HB 1 respectively. What are the potential impacts on health care, education and other essential programs and services?

On January 7 at 10 A.M., State Comptroller Glenn Hegar is scheduled to issue the state revenue estimate for 2020-2021. The Biennial Revenue Estimate (BRE) details how much money lawmakers can invest in state services as they convene and write

Texans are still reeling from the tragedy that Hurricane Harvey wrought on our state. We mourn the loss of over 60 lives, the disruption and anxiety for millions more, and the harm to people and property across the state.

This week CPPP joins dozens of other Texans—individuals and organizations—to testify on the Texas Senate’s current state budget proposal, Senate Bill 1.
As our testimony details, we are alarmed by several key Senate budget proposals related to Medicaid:
Not fully funding

With four days left in the Texas legislative session, I recall my fervent hope back in January – that lawmakers would put aside their differences and focus on what all Texans believe in. We all want Texas to

Hundreds of bills have run out of time in the Texas Legislature, but a flurry of amendments and maneuvers mean several policy solutions – and some policy nightmares – still have a chance of passing. Here is a preview of

As the dust settles on the 17-hour HB 1 debate in the Texas House, it’s worth noting what made it into the final House budget proposal, what didn’t, and what the key takeaways were.
Journalists and spectators have already said plenty

The price of oil, which was over $100 per barrel last summer, has lately been selling at half that amount. Drilling new wells has slowed down, so we’re left to wonder: What happens to state revenue if oil and gas

The Joint Select Committee to Study the Balance of the Economic Stabilization Fund – commonly known as the Rainy Day Fund – met briefly this morning and adopted a $7 billion minimum balance for the fund.
During